DevOps Market Size 2020: Innovation and Increased Application Areas to Boost Growth

The global DevOps market accounted for $2.86 billion in 2016 and is projected to reach $9.41 billion by 2023, registering a CAGR of 18.7% from 2017 to 2023. Rise in need for efficiency and maintainability of operational processes, increase in adoption of cloud computing through PaaS solution, the surge in demand for automated software among SMEs, and lower downtime in software development life cycle have boosted the growth of the global DevOps market.

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The DevOps market is analyzed in regions such as North America, Europe, Asia-Pacific, and LAMEA. The market in the North America region is expected to garner $1.40 billion by 2016. Moreover, the industry in the other regions is projected to maintain constant growth during the study period.

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On the basis of deployment, the DevOps market is bifurcated into the cloud and on-premise. In 2016, the cloud segment held the largest share and is estimated to witness the fastest growth during the study period. However, the cloud deployment segment is also expected to manifest a gradual growth through 2023 as it manages risks across complex environments and reduces risks associated with automated cloud compliance.

Global DevOps market report includes the major market players such as,

IBM Corporation

Amazon Web Services Inc.

Oracle Corporation

Microsoft Corporation

Hewlett Packard Enterprise Development LP

VersionOne Inc.

EMC Corporation

Google Inc.

Red Hat Inc.

CA Technologies.

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Key questions answered in DevOps Market research study:

• What is the market growth rate of DevOps Market from 2019-2026?

• What will be the global market size of the market from 2019 to 2026?

• Who are the leading global players in the DevOps Market?

• What are the current trends and predicted trends?

• What are the challenges faced in the DevOps Market?

• Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?

• What are the conclusions of the DevOps Market report?

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